The SIX Swiss Exchange listed Tecan Group entered into an agreement to acquire US-based Paramit Corporation for a total purchase consideration of USD 1.0 billion. Paramit, headquartered in Morgan Hill (California/USA), is a leading OEM developer and manufacturer of medical devices and life sciences instruments.

Bär & Karrer is acting as legal advisor to Tecan. The team includes Ralph Malacrida, Lukas Roesler, Janine Wüst, Clarissa Marxer (all financing) as well as Cyrill Diefenbacher and David Weimann (both tax).